ok//@Bill333: This is why Singapore is so successful. It is run by smart people who are pragmatic enough to adapt to take note of economic data prior to making decisions. Not stubborn old fools that don't understand that Friedman's Nobel prize for monetarism was granted in 1976. A lot has changed and blindly raising interest rates is not always the answer. CPI includes oil and rent - clearly not correlated to interest rates right now. Thank you Singapore government!
Singapore's Central Bank Unexpectedly Keeps Monetary Policy Unchanged
@SirBahamut:$Alibaba(BABA)$ I wanted to write an article on Micron and Alibaba today, but I was extremely busy at work :( I will write a full article tomorrow or Friday, but I'll make some quick notes first. I covered Alibaba and Micron numerous times (not sure those articles are still in Tiger anot) so if you are a frequent reader you will know I am bearish on Memory market but I am bullish on China Tech. Micron released its result last night, unsurprisingly bad, net profit worse than expected due to inventory write-down. Guidance worse than expected. Yet somehow, market turns positive on MU after CEO said that inventory correction at downstream is more or less done. Personally, I don't share the same optimism, and ev
@Aqa:🇺🇸🇺🇸🇺🇸8️⃣ - 1️⃣2️⃣ - 2️⃣0️⃣2️⃣2️⃣ Thursday 🔑🔑🔑3 Key Indexes: 🇺🇸 $S&P 500(.SPX)$ 🇺🇸 $NASDAQ(.IXIC)$ 🇺🇸 $DJIA(.DJI)$ 🇺🇸 $Alphabet(GOOG)$ 🇺🇸 $Amazon.com(AMZN)$ The S&P 500 has continued with another down day on Wednesday yesterday, a day after posting its worst day in a month. The S&P 500 is now 3933.92 points, all the way down -884.7 points or (-18.36%) from its last
@Aqa:🇺🇸🇺🇸🇺🇸8️⃣ - 1️⃣2️⃣ - 2️⃣0️⃣2️⃣2️⃣ Thursday 🔑🔑🔑3 Key Indexes: 🇺🇸 $S&P 500(.SPX)$ 🇺🇸 $NASDAQ(.IXIC)$ 🇺🇸 $DJIA(.DJI)$ 🇺🇸 $Alphabet(GOOG)$ 🇺🇸 $Amazon.com(AMZN)$ The S&P 500 has continued with another down day on Wednesday yesterday, a day after posting its worst day in a month. The S&P 500 is now 3933.92 points, all the way down -884.7 points or (-18.36%) from its last